• Language & Exchange Rate Switch
  • Preference Settings
    Rise/fall colour
    Start-End Time of the Change
Web3 Exchange
Announcement
Activity
Bi-Weekly Report
Institutional&VIP
Gate Learn
Delisted
Gate Wealth
New Listed
Gate Charity
Finance
Trade Competion
ETF
Live
Gate Card
Announcements Gate.io Structured Products Launches “Weekly SharkFin BTC 7-Day No.69”, Estimated Reward of 3%-16% P.A.
Gate.io Structured Products Launches “Weekly SharkFin BTC 7-Day No.69”, Estimated Reward of 3%-16% P.A.
2022-05-19 03:13:31 UTC 17555 Read
Gate.io Structured Products will launch its 69th weekly shark fin structured product“Weekly Shark Fin BTC 7-Day No.69” on May 20th, at 10:00 AM UTC, with an estimated return of 3%-16% P.A. The total lock-up amount is capped at 300 BTC, with a lock-up period of 7 days. The weekly shark fin product is principal protected.
View more details at https://www.gate.io/structured_financial/sharkFin/133



Join Gate.io HODL & Earn Telegram group


How does the Weekly Shark Fin BTC Weekly product bring you a return?
If at any time during the lifetime of the shark fin product, BTC price is equal to or below $28,400, or is equal to or above $31,400 the investor will get a minimum return (3%) on their principal at maturity.
If during the entire lifetime of the shark fin product, BTC price always stays within the per-specified range ($28,400-$31,400), investors will get a return up to 16% APR. (The closer to the $31,400 level, the higher the return rate).


Specifications of Weekly Shark Fin BTC 7-Day No.69
1. Lockup currency BTC
2. Zero handling fee.
3. Return: floating interest rate, ranging from 3%-16% APR
4. Interest currency: BTC
5. Subscription Time: May 20th 10:00 - May 21st 10:00 (UTC time)
6. Lockup period: 7 days
7.Settlement Time: 3:00-4:00 AM UTC , Saturday
8. Observation period: Friday 12:00 PM- next Friday 12:00 PM UTC
9. If at any time during the observation period, the price is above or below the per-specified price range, the product is settled on a 3% APR. If prices always stay within the price range, the return rate will be determined according to where the underlying asset settlement price falls on Deribit on Friday 8:00 AM UTC.
10. If the market fluctuates drastically before the observation period starts, we will adjust the price range to maximize investors’ return.


Users can go to the Gate.io official website to experience a variety of new high-yield financial products. We will release new arrivals every day.
View more on Structured Financial Products


Gate.io is a Cryptocurrency Trading Platform Since 2013
Top ranking, Trustworthy, Transparent


Sign up to enter the crypto gateway and get 40% commission from referrals
Download iOS/Android App right now.

Reach out to us!
Twitter: https://twitter.com/gate_io
Telegram: https://t.me/gate_zh
Instagram:https://www.instagram.com/gateioglobal
Medium:https://medium.com/@gateio
Podcast: https://gateio.buzzsprout.com/?ch=buzzs

Gate.io Team
May 19
Share Posts
Related Articles
Gate.io Startup:Zeepr (ZEEP) Initial Sale Result & Listing Schedule Gate.io Startup:Legends of Elysium (LOE) Initial Sale Result & Listing Schedule... Gate.io HODL & Earn: Lock DMR To Earn 150% APR Gate.io HODL & Earn: Lock NIBI To Earn 150% APR Gaming & Inscription Assets Market Making : EZswap Protocol (EZSWAP) Trading Competition is Live, Jo... Gate.io HODL & Earn: Lock MPC To Earn 150% APR
Language and Region
Exchange Rate
Go to Gate.TR?
Gate.TR is online now.
You can click and go to Gate.TR or stay at Gate.io.